Hannon Armstrong (NYSE:HASI) reported its Q1 earnings results on Tuesday, May 3, 2022 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Hannon Armstrong beat estimated earnings by 10.64%, reporting an EPS of $0.52 versus an estimate of $0.47.

Revenue was up $5.14 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06 which was followed by a 10.88% increase in the share price the next day.

Here's a look at Hannon Armstrong's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Hannon Armstrong management provided guidance for FY 2024, expecting earnings between $2.4 and $2.4 per share.

To track all earnings releases for Hannon Armstrong visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.